FULTON FINANCIAL CORP
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $391.6M | $288.7M | $284.3M | $287.0M | $275.5M | $178.0M | $226.3M | $208.4M |
| Depreciation & Amortization | $28.3M | $39.2M | $30.1M | $30.2M | $28.8M | $28.8M | $28.2M | $28.2M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $22.5M | $17.8M | $2.9M | $1.7M | $589.0K | $529.0K | $1.4M | $0 |
| Stock-Based Compensation | — | — | — | — | — | — | — | — |
| Net Cash from Operating Activities | $304.5M | $416.6M | $363.0M | $594.8M | $338.4M | $157.4M | $127.7M | $296.8M |
| Investing Activities | ||||||||
| Capital Expenditures | — | — | — | — | — | — | — | — |
| Business Acquisitions | $0 | $1.02B | $0 | $21.8M | $2.0M | $1.9M | $5.2M | $0 |
| Net Cash from Investing Activities | $-82.2M | $1.63B | $-809.2M | $-1.54B | $-210.1M | $-2.50B | $-893.3M | $-740.7M |
| Financing Activities | ||||||||
| Dividends Paid | $141.2M | $131.7M | $115.7M | $116.0M | $112.0M | $91.0M | $92.3M | $89.7M |
| Stock Repurchases | $66.0M | $30.3M | $77.1M | $0 | $43.9M | $39.7M | $111.5M | $95.3M |
| Net Cash from Financing Activities | $-224.6M | $-1.53B | $314.0M | $-15.9M | $-337.5M | $3.67B | $837.7M | $487.5M |
| Net Change in Cash | $-2.3M | $514.2M | $-132.2M | $-956.7M | $-209.2M | $1.33B | $72.1M | $43.6M |
| Free Cash Flow | — | — | — | — | — | — | — | — |